The cryptocurrency market is generally experiencing a downward trend. Here are some of the key news:
* Bitcoin (BTC) is currently trading between $103,000 and $102,500, showing a slight decline in the last 24 hours (around -0.5% to -0.7%).
* Ethereum (ETH) is similarly trading between $2,580 and $2,570, and is experiencing a more significant loss compared to Bitcoin (around -2.2% to -3.3%).
* The recent wave of buying following the tariff agreement between the US and China seems to have given way to a cautious wait. With the decline in safe haven demand, investors turning to risky assets are likely to make profits.
* The US Securities and Exchange Commission (SEC) has rescinded a controversial accounting rule that required banks to show crypto assets as liabilities on their balance sheets. * Market analysts list the reasons for Ethereum's recent strong rise (around 65% in the last month).
* It is stated that institutional investors' Bitcoin savings increased by 154% on an annual basis.
In summary: The cryptocurrency market is generally experiencing a slight pullback, but some altcoins continue to be active. It is important to follow market developments closely and be careful.
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Herito
ยท 2025-05-16 01:53
are there predictions ( that do not have to be accurate ) for the price going forward? [ๆๅด]
The cryptocurrency market is generally experiencing a downward trend. Here are some of the key news:
* Bitcoin (BTC) is currently trading between $103,000 and $102,500, showing a slight decline in the last 24 hours (around -0.5% to -0.7%).
* Ethereum (ETH) is similarly trading between $2,580 and $2,570, and is experiencing a more significant loss compared to Bitcoin (around -2.2% to -3.3%).
* The recent wave of buying following the tariff agreement between the US and China seems to have given way to a cautious wait. With the decline in safe haven demand, investors turning to risky assets are likely to make profits.
* The US Securities and Exchange Commission (SEC) has rescinded a controversial accounting rule that required banks to show crypto assets as liabilities on their balance sheets.
* Market analysts list the reasons for Ethereum's recent strong rise (around 65% in the last month).
* It is stated that institutional investors' Bitcoin savings increased by 154% on an annual basis.
In summary: The cryptocurrency market is generally experiencing a slight pullback, but some altcoins continue to be active. It is important to follow market developments closely and be careful.
#PFVS Launchpad is Live
#BTC Market Outlook
#Tariff Adjustment